Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

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TraderShark Trading Manual

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To successful trading,

TraderShark

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Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Monday, December 17th, 2012.
 
The market opened up this morning at 1411.75 represented by the white dotted line. We generally don’t trade in the no trade zone from 9:30 until 9:45 unless we have a certain circumstance setup and we did in this case. Shut off for target 1 got stopped out for minus 2 ticks.
 
Coming out of the no trade zone, if you did not take this trade it’s because there was no trend established at this point. We did, however, have an opportunity to get long. Target 1 and target 2 hit for a total of 6 ticks.
 
Going on into the morning we had a lot of sideways movement. There was still an opening range that we were not able to break out of. We had setups. Notice our auto wave trade indicator kicked off. We were below the moving averages. Another auto wave kicked off, below the moving averages. We saw a lot of sideways consolidation. There was really no direction at this point.
 
Then just prior to getting into the no trade zone. We had an opportunity for an aggressive trade long. And another aggressive trade long. The first aggressive trade long, I had a total of 4 contracts going long at this point. I took a minus 4 ticks. And the next contract we were able to hit target 1 and target 2 all the way up into 14 ticks for that second trade.
 
We’re then going into a no trade zone which is a period of time of high volatility and lower volume. Usually choose not to trade during that timeframe from 11:30 until 1:15 Eastern Standard Time. Coming out of the no trade zone we had a nice break through the moving average, pullback. Entry target 1, target 2 for a total of 6 ticks. And then generally won’t take a trade current trend like this, but I did anyways because of the auto wave kicked in. Target 1 was touched, was not filled, and then I forced a stop out at minus 2 ticks for 2 contracts. Total of 4 ticks.
 
Then at 2:00 we generally have what’s called an opportunity to avoid taking any long positions. And this set up nice and clean for a short opportunity for a total of 10 ticks. First contract, second contract, out for a total of 10 ticks. We then were below the moving averages, but the auto wave kicked in long. Waited. This is what patience is a virtue. Waited and we knew, we talked about the 1426.75 which is the gap fill from Thursday afternoon. We mentioned that this morning at about 9:30. And sure enough we started to see the opportunity. Everything was in our favor. Launch point from 1419.25 to 1419.75. Possibly as low as 1417.25. If you got in here around 1419.5, first target was 4 ticks. Scaled out up here at around 1424.50. And then if you had a trailing stop, you could have followed this thing all the way up into 1426.75. And notice after-market hours it actually went up to, we had the third Shark band up there at around 1430.
 
To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great night and I’ll see you in the Shark Den in the morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

Daily Trading Video

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the S&P emini futures. Today is Friday, December 14th, 2012.
 
We are in the first day of the March contract. Nothing is surprising at this point. I want to show you a longer timeframe chart. This is our opening range. And I want you to notice how price action just stayed within opening range. And I do have a little webinar that we give talking about chum, or what’s called shark bait, and that’s exactly what we saw all day today. When price action remains within this opening range, there’s no break out one way or the other, a lot of indecisiveness. Volume was light. We’re going into a Friday afternoon. There’s literally no trades that went on today.
 
Now let’s look at a lower timeframe chart. Okay, so this is our lower timeframe chart. 9:30 to 9:45 we tend not to trade. It’s just a period of choppiness. And what you see here is this 1410.25 is the opening price for today. 1409.75 is yesterday’s low. And again, being the actually the second day of the contract. The contract rollover started yesterday at 9:30 in the morning. We didn’t really see the volume kick in until this morning when we have a full move over to the March contract.
 
Coming out of the no trade zone. What you saw earlier was a higher timeframe chart that kept us within a opening range. However, if you just simply use the auto wave indicator. Here the auto wave indicator fired off long, but we were below the moving average, so you would not have taken that trade.
 
This would have been a nice trade short. Follow just the auto wave trade long. Would have taken a little while, but there’s your long position. You’re below the moving averages. You may or may not have tried to get on this one. I know we were trying to work our way into the higher range, the opening range. And with that I would not have taken these trades either, but I want you to see how the auto waves, these little dots, push up higher into profitable trades.
 
Another auto wave short. Again, would have taken maybe first target off. Possibly gotten stopped out. First target off. Second target hit going into the no trade zone. We have a no trade zone from 11:30 until 1:15 Eastern Standard Time. I want you to notice how narrow this no trade zone is. That’s just showing there’s little or no volume. When you have low volume, the market tends to be choppy ripsawy if you will, and takes out your stop runs.
 
Here’s another auto wave short. This would have been a failed trade, 11.75, so it would have taken us out by 1 tick for a full stop out if you had taken that auto wave. Again, I was not taking any of these trades. Look at also, I want you to see, we’re stuck within 1 point of opening price and yesterday’s lows. This would have been a follow through once you broke through the moving averages. Nice pullback. Entry for a continuation or follow through. But there’s not an auto wave and that was pretty much it for the day.
 
So you saw the higher timeframe chart. I always encourage people to use a higher timeframe chart to see where the market’s going and then use your lower timeframe chart for entries and exit.
 
I hope that helps you for the day. Have a great weekend. Make sure you get all your Christmas shopping done. We’ll see you bright and early on Monday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Friday, December 7th, 2012.
 
We had an infinity futures trading challenge this morning, so the Shark Den was not open until about 10:40 AM Eastern Standard Time. However, I’m going to go ahead and look over, what happened this morning is the market opened up at 1418.25 represented by this white dotted line. Now the trading challenge started at 9 AM Eastern Standard Time and went until 10:30 AM Eastern Standard Time. We generally don’t trade the ES until after 9:45. The Euro was flat. There was no trades that went on there whatsoever.
 
Looking here on the ES, I did not catch this trade, it was, you know, hindsight is always 20/20. But I went back and notice that’s why it’s colored in a yellow arrow. But in this particular case we had a nice clean pullback to the moving average for a continuation. Just total of 6 ticks because we were still just barely outside of the opening range.
 
As price continued, I took no trades during the trade competition until right here at exactly 9:59 and, you know, of course Murphy’s Law kicks in at this point, right. Of all trades, we seldom take full stop outs, but when we do it hurts just like anybody else. We got in here at 1414.25 for a short position to the downside and took a full stop out. All indicators were in our favor. This was just one of those days that you’re going to get tagged and you have to take that as part of business, right. It’s just like any type of business, you’ll take losses. And hopefully in the end you’ll take more gains than you will losses. The market did not really bounce. It just ran up. Took the stop out. Went sideways. And look at the continued sideways motion.
 
Now let’s go ahead and look at the higher timeframe chart just one moment. Now when I say a higher timeframe, I’m just simply looking at what we call as an anchor chart. And we have an opening range. And when price action broke out of this opening range for a nice clean pull back, we have what’s called a hook pattern established. And our target was down here at around 1409.5. We talked about it. But again, this didn’t occur until after 10:30 or after the trading challenge. I’m going to show you exactly when a nice clean entry occurred. What’s the timeframe here? 10:24. So it was just setting up for a nice perfect trade. You set up with an anchor chart. Longer timeframe. And then you go to your trigger chart to fire off for an entry.
 
Now we’re going back to the trigger chart. Notice how we continue that sideways chop. So as we continue to work our way to the right, we don’t know what’s going on the right-hand side of the screen. But right there at exactly 10:30 if anybody was listening, I said there’s a trade setting up right now. It was right at 10:30 just as the trading competition was ending. Look at this, as I click that you can’t really see. Some of the Shark Den members were able to take advantage of it because they saw it. However, this is what continued for the day. A quick 10 ticks to the downside. Two contracts. Target 1, target 2 were hit. And for the rest of the day, now I have a yellow arrow there because I had it set up. I did not take this trade because I was right there at the end of the trading competition. There was comments and questions and things like that going on.
 
We then had another opportunity to get short here. However, I was able to take one trade after the competition this morning, right here at about 11:00 in the morning. Took a downside trade, 10 ticks and finished the day. And there were really no further trades. And just look at the price action. How we just continue to hover around this moving average and into the no trade zone from 11:30 until 1:15 Eastern Standard Time. And just a continuous sideways movement. No room for us to get a push an pullback and go. But in the meantime we wait for pullback. Did not see anything on into the close here at 4:00.
 
To learn more about these and more advanced trade setups, or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great weekend and we’ll see you on Monday morning.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Thursday, December 6th, 2012.
 
We’re going to do it a little bit differently today. I’m going to show you this morning the ES was really choppy. So what we did is, we kind of shifted over in towards doing the Euro. And we trade the Euro from 8:30 until about 12 noon.
 
And I want you to notice this is an opening range. Once price action broke through the opening range to the downside we had a nice little hook pattern to the downside. A couple clean trades here. Look at the retracement never even broke the swing high. Another hook pattern. Another hook pattern. Each one of these hook patterns could have been met with selling signals. Another hook pattern. And once you get down after the second or third hook pattern you want to kind of be a little cautious. It appears that you’re getting toward a Shark band. So we were pretty much done right here. But this thing just continued on based on some of the comments by Droggy earlier today.
 
We were trading the Euro earlier this morning. And the ES here, I want to show you just the sideways movement. You really don’t want to get involved in this type of chop. We had an ADX that was telling us just no direction. The bulls or the bears did not want to take control until right here at about 10:30. We did have a pop, an opportunity to get long. The yellow arrow means I did not take advantage of it personally in my account. But I want you to see there’s an auto wave indication.
 
We have another auto wave indication a little bit after that entry. So that was a total of 18 ticks. When I decided to get in of course, I didn’t even get my first target off and I scaled out. I forced a stop at minus 3 ticks each for a total of minus 6. And then I thought, well great, we got a reversal. We were still above the moving average, so it was a mistake, but nonetheless I took it. Then I got stopped out for minus 4 ticks.
 
Then we go into what’s called a no trade zone from 11:30 until 1:15 Eastern Standard Time. And we continued on sideways motion. Coming out of the no trade zone, we did have a little bit of a break above our moving average. Pullback. Nice opportunity to get long. A total of 10 ticks with 2 contracts. And worked our way sideways.
 
Another opportunity. I only traded 1 contract on this trade. I took it short. And I go, you know, I wasn’t 100% certain with 1 contract I took a 5 tick loss. And then as soon as you take a loss in one direction, turn right around and got long. Target 1 and target 2 hit for a total of 7 ticks. And then right in before the last no trade zone of the day, target 1, target 2 for a total of 8 ticks.
 
I want to thank you for watching. To learn more about these and more advanced trade setups or to get a copy of the Trader Shark trading manual, please visit TraderShark.com. Thank you. Have a great evening. Come join us tomorrow for the infinity challenge live trading. I’ll see you in the Shark Den in the morning. Thank you.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

Learn to Day-Trade the Emini S&P and Euro Futures – live with a full-time trader.

This video is designed for educational purposes only and to show some of our trade plan setups to reinforce our daily trade plan review.

TraderShark Trading Manual

Join the Shark Den!

TraderShark.com

To successful trading,

TraderShark

[email protected]
 
Good evening traders, this is Brian with TraderShark.com, an educational website to learn how to trade the emini S&P futures. Today is Wednesday, December 5th, 2012.
 
We have a second annual trading challenge sponsored by Infinity Futures. If you’d like to register, it’s for free. And you get a chance to watch eight different traders, two per day. And try to win a position as being the best trader of the eight.
 
And with that you can go to the website TraderShark.com. Go to the News and the Blog section. And then this is where you’ll find the second annual trading challenge. You can click anywhere in through here. You can watch, I actually trade on Friday, December 7th. And that runs from 9 AM until 10:30 AM Eastern Standard Time. But it will take you directly to this page. And then what you can do from there is you can register and get a chance to watch us for free.
 
And with that let’s go ahead and check out how the results were for today. So the market opened up here at 1406.75. We had a lot of sideways movement, sideways consolidation. No real trades. We had a couple news reports that were positive.
 
Following into the day we watched what’s called an ADX, a directional indicator. And as long as that stayed below 15 we just chose not to take any trades until we had a nice clean break to the downside. Pullback. We had an extended trade. We had a second chance opportunity. One yielded 7, one yielded 18 ticks.
 
And then we had another pullback. Notice this 1401.5, this was yesterday’s low. As well as our projected daily low. As well as the Globex range low. So we knew that was going to be a prominent level on our return. Broke through it. Pullback. Took a little bit of heat. Continuation. Only took on 6 ticks from this trade. Even though we left a little bit on the table. It was a safe move. And we also had our auto wave kick in to go to the long side. So we really didn’t want to fight against that.
 
Continuing on into the day. This was the best trade really of the day. I did not take full advantage of it. We had a nice pullback. And knowing that we’re going into this 1401.5 level. Notice the chop we had going on. I wasn’t really sure that this thing was going to break through. So I only too 2 ticks and 4 ticks. Total of 6 ticks on this trade. And this thing just ran. It took off into what’s called a Shark Attack trade. I don’t know if any traders in the room had actually trailing stops on this, but you look for targets on this one of 1403.5 and 1405.5. And then we worked our way back up to the opening price. Which you would generally see a retracement.
 
Now notice we’re in a no trade zone. Prior to a no trade zone, if you’ve gotten your target 1 then you can go ahead and let it run and either get your profit target taken or you get stopped out. But you don’t enter any new trades. And this thing just would not stop. I know President Obama was speaking in the middle of the afternoon.
 
And then from this point forward we had no further trades for the afternoon. Continued to work its way into the close.
 
I hope you all did well. Come join us for the trading challenge with Infinity Futures. And I’ll see you in the Shark Den in the morning. To learn more about these and more advanced trade setups, please visit TraderShark.com. Thank you.
 
Link to Video and Transcription
 
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not an indication of future results.

2nd Annual Trading Challenge

Join us for the live trading competition sponsored by Infinity Futures.

Click here to register for this free event. Watch 8 traders use their personal trading skills to try to win the Infinity Challenge.

View their charts and listen to their comments prior to placing a trade.

This trading challenge is from December 4th – 14th.

Click here to register for December 7th challenge between Brian Rehler and Hubert Senters.

To Successful Trading,
TraderShark